Property market updates

With a series of interest rate reductions and modest increases in house prices, the second half of 2024 became a market favourable to buyers.

As the year 2024 nears its end, there is growing positivity in the UK housing market, supported by a better-than-expected economic performance and encouraging prospects for the upcoming year. The UK economy has shown strength, with GDP growth returning from the decline observed in late 2023. Due to lower interest rates, an increase in house …

Continue reading “UK housing market poised for growth: A bright horizon for 2025”

The year 2024 brought some positive news and a few changes for existing landlords and potential buyers in the UK property market. October saw house prices going up by 0.3%, but there was a surge in buyer activity, showing that the market is recovering. As per the recent data from Rightmove, there has been a …

Continue reading “Mixed fortunes for the housing market as rent continues to surge”

The property market in the UAE has seen a rise in global interest due to its tax-friendly policies, strong economic growth, and exceptional lifestyle offerings.

The UK housing market has been buzzing with optimism since the Bank of England’s recent 0.25% interest rate cut, bringing rates down to 5%. This is the first reduction in interest rates in four years, and while it may seem small, it is already having a noticeable effect. Now, buyers who were previously hesitant to …

Continue reading “The recent interest rate cut is revitalising the housing market”

The UK’s sought-after property market witnessed steady movement throughout the general election campaign, as many homebuyers moved ahead with their plans. Their decisions seemed less impacted by the politics of elections and more motivated by individual circumstances, such as employment prospects, economic activity and overall affordability. Positive news came in over the first weekend of …

Continue reading “The UK’s property market stays on track after general elections”

After a whirlwind six-week campaign, Keir Starmer has clinched the title of UK’s Prime Minister. But, wondering what this means for the housing market and your next property investment? In this video, we explore the potential impact on the UK housing market under the new Labour administration. Starmer’s goal Shed Labour’s high tax image with …

Continue reading “Outlook for the UK property market under the new Labour government”

For the first time in three years, inflation in the UK reached the Bank of England’s target when it fell to 2% in May. Although interest rates were maintained at 5.25% by the Bank of England in June, a rate cut looks very likely to be announced in August.

The UK’s sought-after housing market is experiencing a surge in activity, fuelled by growing buyer confidence in the UK economy owing to a decline in inflationary pressures. This increase in buyer activity is the pent-up demand from homebuyers who are now moving forward with plans they had previously postponed due to last year’s economic uncertainties. …

Continue reading “Positive trends in the UK economy boosting property sales”

Inflation in the UK fell further, dropping to 3.2% in March this year and continued its steady drop from when it peaked in late 2022 at 11.1%. This news was welcomed by overseas investors looking to invest in the country’s robust property market. Although the figure was higher than some experts had predicted, the Bank …

Continue reading “The UK property market is set to pick up pace ahead of a busy Spring season”

Steady interest rates for the last six months have boosted the confidence of local and overseas investors in UK properties who view market stability as a good reason to invest. With better mortgage deals at lower interest rates, we are seeing an uptick in buyer enquiries, with more offers floated and an overall increase in …

Continue reading “Investor confidence continues to rise in the UK property market”

Investors or buyers in Singapore who are eyeing property investments in the UK should know that the London property market now presents a landscape of some major indicators. Halifax reported that house price increases in January were the highest for a year, thanks to mortgage rates continuing to ease. This clearly states that a typical …

Continue reading “More positive outlook for the London property market in 2024”